Srinivasan Murali - 19 Feb 2022 Form 4 Insider Report for Exela Technologies, Inc. (XELA)

Signature
/s/ Srinivasan Murali
Issuer symbol
XELA
Transactions as of
19 Feb 2022
Net transactions value
-$6,025
Form type
4
Filing time
08 Mar 2022, 16:37:47 UTC
Previous filing
14 Dec 2021
Next filing
16 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XELA Common Stock, par value $0.0001 per share Options Exercise $0 +26,667 +27% $0.000000 125,604 03 Mar 2022 Direct
transaction XELA Common Stock Tax liability $6,025 -7,627 -6.1% $0.7900* 117,977 03 Mar 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction XELA Restricted Stock Units Options Exercise $0 -26,667 -100% $0.000000* 0 19 Feb 2022 Common Stock 26,667 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld as payment of a tax liability on vesting of restricted stock units based on vesting date price.
F2 Restricted Stock Unites vested and converted into shares of Common Stock 3/3/2022.